The Present Situation Analysis and Future Prospect of Pumped Storage Technology

Abstract

Pumped storage technology is well-developed, cost-effective, and offers promising future growth. It is crucial to the development of energy storage technology. The work discussed in this paper is concentrated on advancements in pumped hydro storage. The development of pumped storage is demonstrated in three ways in this essay including development history, current situation and future prospects. The use of pumped hydro storage dates back more than a century. Over the past 100 years, it has been split into four distinct periods of development. To get pumped hydro storage to its maximum, several optimization approaches have been made made at each stage. Regarding the state of development, the size of the world's pumped storage has continued to increase. In order to create a new sort of system, pumped storage technology can be combined with other technologies. That is, form a new type of power system, so there is a lot of room for development. Generally speaking, the future development of pumped storage, has great development and good prospects.